secwatch.observer — SEC 8-K summary
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Issuer:     SB FINANCIAL GROUP, INC. (SBFG)
CIK:        0000767405
Form:       8-K
Filed at:   2024-01-26T23:59:59+00:00
Accession:  0001213900-24-006728
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SB Financial Q4 net income up 9.9% to $3.9M; loans surpass $1B
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- Net income $3.9M ($0.57 diluted EPS) up 9.9% YoY; interest income up 16.9% to $15.1M.
- Loan growth of $38.1M (+4.0% YoY) to $1.00B, first time over $1B; nonperforming assets improved to 25 bps.
- Full year net income $12.1M ($1.75 diluted EPS) down 3.4% YoY; adjusted EPS up 7.4% ($0.12 increase).
- Mortgage origination Q4 $39.6M (-22.8% YoY); mortgage sales up 41.4% to $33.4M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/767405/000121390024006728/0001213900-24-006728-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/767405/000121390024006728/ea192225-8k_sbfinancial.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-006728

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer